Earlier quoted context omitted.
It's important to qualify this though. E.g. Amazon was not profitable for a very long time, but only because they furiously reinvested everything. They could've turned profitable at any time. Assuming Cloudflare is a similar case to Amazon: ie they could turn profitable at any time but choose to reinvest those profits immediately into more business, that is a very good spot to be in.
Big assumption?
We raised a bunch of money
441–450 of 484 posts
Re: We raised a bunch of money
#442Earlier quoted context omitted.
We're not. For a company of our age and scale? To claim competitive reliability to the world's most important data center? Risible. We're making fun of the fact that everybody deploys their apps in a random city in Virginia with like 3 restaurants in it. We're not saying they're dumb to do it, or that Ashburn isn't up to the challenge --- it self-evidently is. (The comment I'm responding to said something about peopl…
So you fuss at your users who have valid complaints about the availability of your product? It's a valid complaint when the uptime of a service, program, or feature running is critical to your business. I'm really concerned that Fly's employees like yourself think availability and service uptime isn't important. I think I'll be avoiding Fly on this alone.
I'm confused, when did any of Fly's employees say as much?
Re: We raised a bunch of money
#443Earlier quoted context omitted.
Sometimes funding is necessary to grow income enough to sustain the business or hire more engineers or whatever you want to do. If it costs $40 to acquire a new customer, and you expect a customer to stick around for long enough to spend $90 then it's totally worth doing that, but you need $40 now to make 90$ over some period of time.
There is an entirely possible and alternative funding model that perpetually allocates a responsible amount of incremental funds for the purposes of novel R&D. It's trivial to imagine how a responsible incremental funding approach could create a better, more transparent, more estimable, more reportable, more mappable, more rigorously trackable innovation process. Raising massive lump sums of money is about VALUATION.…
Who does this allocation?
Re: We raised a bunch of money
#444Earlier quoted context omitted.
It's comments like this that moved me to claim, in our infra/ops job post, the benefit "The most lovable user base in the whole technology industry, and a company culture that will keep you in touch with them directly."
Fly.io was the darling of the webhosting world amongst techworkers particularly because of the honest transparent communication and blog posts explicitly admitting fuck ups Raising a bunch of money just isn't a "good" announcement to most of us. When unpopular things have happened with the company, your communication usually directly acknowledges and focuses on the concerns of the userbase. This serves two purposes:…
Speak for yourself. Announcements of adequate funding inspires confidence fly will have longevity and resources to scale. Other concerns can be tackled in other blog posts, but nothing about the announcement of funding should inspire less confidence, what sense does that make?
Re: We raised a bunch of money
#445Earlier quoted context omitted.
Do you have any info about how edge deployments + sqlite work and what kind of applications they are limited to?
Basically, LiteFS: https://github.com/superfly/litefs And then some load balancer cleverness that reroutes writes to a specific VM: https://fly.io/blog/globally-distributed-postgres/
I think your company building out developer tools to help use your platform would aid greatly in adoption...seems a necessity really, particularly addressing the pain-point of accessing data close to users.
Re: We raised a bunch of money
#446"We raised a bunch of money" Generally speaking (I'm not a fly.io customer) at this point that phrase WORRIES me as a customer of any service. It makes me think that the company exists just on a constant flow of VC or similar money and what I'm using or paying for isn't a realistic or future cost and I'm involved with a system or platform that is getting stretched larger and larger regardless of income and the more m…
> It makes me think that the company exists just on a constant flow of VC or similar money and what I'm using or paying for isn't a realistic or future cost and I'm involved with a system or platform that is getting stretched larger and larger regardless of income and the more money they raise the harder the fall will be. This is where I always get burned. As they get larger and larger, and the product gets more comp…
Re: We raised a bunch of money
#447Earlier quoted context omitted.
Also, the lawn guy now has a pricing tier for different grass heights that all in the end take the same amount of work.
But your lawn guy stays in business - which is relevant to them and to you (for as long as you're a customer). If the market is efficient, there should be reasonable competition that you can switch to that more aligns with your needs.
The VC capital is concentrated in to the hands of a few players. They're not going to compete against themselves.
And nobody is going to compete against the titans.
The market is efficient at concentrating wealt in to the hands of those who already have it.
Re: We raised a bunch of money
#448Will you be publishing a follow up blog post about how you’re increasing API user fees once you’ve monopolized your particular market? Or how about how you’ll be increasing margins for investors in 5 years as you prepare for your IPO? Why won’t you suffer the fate of every single other tech company that raises a shit load of money which is completely and irrevocably selling out any pretense of being beneficial for cu…
This is the cold truth. The entire process of raising money in the modern software world has nothing to do with creating a better product and business specifically. It's simply the de facto step-by-step playbook process one follows if one is an entrepreneur with the eventual become very rich. There is nothing novel, innovative, or remotely surprising about this process. It is well defined, well established, and simpl…
No, it's not. It's emotionally manipulative propaganda that is thinly-veiled political ranting, and so is your comment, and neither belong on HN. Stick to interesting, intellectually stimulating discussion, please.
Re: We raised a bunch of money
#449Fly.io marketing is top notch. Unlike fly.io, https://controlplane.com lets you run at the edge, super easily but on any compute substrate, not just on one vendor's (Equinix). Your own machines, your own AWS, GCP, Azure, Oracle, Hetzner, Linode, Contabo, etc. accounts, or on Control Plane's many locations in all clouds. On Control Plane you instantly define a "Global Virtual Cloud" made up of any location you specify…
Congratulations, CP looks neat. I am compelled to point out, I am mostly shocked by the lack of paragraphs.
Re: We raised a bunch of money
#450Earlier quoted context omitted.
How much of the raise is directly attributable to the fact that their early staff has at least two excellent writers on it? Their brand marketing is impeccable as a result. Every post on their blog comes through with this very clear, slightly snarky voice. If you want to be a famous hacker, you must also be a slightly (industry) famous author.
It's great, and it shows in their docs also. Their tone of voice reminds me of early Slack before that became rote and boring.